Fundraisers

Menlo Ventures raises $500m

The US-based firm has closed its 15th venture capital vehicle.

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Fund name: Menlo Ventures XV
Amount raised: $500 million
Stage of fundraising: Final close
Final close date: October 2020
Predecessor fund: Menlo Ventures XIV

Menlo Ventures has held a final close on Menlo Ventures XV on $500 million. The fund will focus on early-stage venture investments in technology, healthcare, financial services and consumer goods sectors across North America.